Elon Musk said on Monday that SpaceX has acquired his artificial intelligence group xAI, tying together two of his most ambitious ventures as he seeks to build increasingly powerful AI systems backed by vast computing infrastructure. Financial terms were not disclosed, but the combined entities are valued at just over $1 trillion based on recent […]
In August 2025, the United States hit India with 50% tariffs, the steepest levied on any Asian economy as trade tensions with Washington boiled over. Six months later, those duties have been slashed to 18%. The stunning reversal followed months of stalled talks, rising geopolitical friction, and one explosive fault line: India’s Russian oil imports. […]
The simultaneous selloff across gold, silver, oil, stocks, and crypto has sparked renewed debate over the efficacy of diversification, but financial experts warn against judging long-term strategies by a short-term “chaotic freeze-frame.” The precious metals complex is currently more volatile than Bitcoin. Following months of record highs and investors treating them as a safe haven, […]
Asia-Pacific markets rallied on Tuesday as investors reacted to a reported breakthrough in US-India trade talks, while risk sentiment was also shaped by volatile crypto markets, fresh political headlines from Washington, and a major deal in the artificial intelligence sector. Below are the key developments shaping global markets. Asian markets surge on US-India trade deal […]
Copper prices crashed from their record high perch last week as Chinese bulls retreated from a turbulent commodity market. The cross-commodity selloff also pulled down copper prices, which are currently over 10% lower than the peak reached last week. Prices had topped a record $14,500 per ton on the London Metal Exchange last week, primarily […]
One can’t move the male parent. One has to find one that commits. That’s the mismatch issue. Harvard economist and 2023 Nobel Laureate Claudia Goldin wasn’t speaking about modern relationships in the abstract; she was diagnosing why birth rates are collapsing across the developed world. In an email conversation with Invezz, she reveals an uncomfortable […]
The financial world shifted on its axis this Friday as President Donald Trump officially nominated Kevin Warsh to succeed Jerome Powell as Chair of the Federal Reserve. This appointment is far from a mere administrative baton-pass; it represents a fundamental pivot in the world’s most powerful economic engine. Warsh, a former Fed governor and Wall […]
European gas prices, already on a downward trend, face fresh uncertainty after heightened rhetoric between the US and Iran, fueled by statements from President Donald Trump, reignited fears over the security of the vital Strait of Hormuz—a transit point for a crucial one-fifth of the world’s seaborne LNG deliveries. LNG shipments from US terminals are […]
US producer prices climbed more than anticipated in December, driven primarily by a rise in service prices. The Producer Price Index for final demand rose 0.5% month-on-month, accelerating from a 0.2% increase in November and surpassing economists’ expectations of a similar rise. On an annual basis, producer prices increased 3%, unchanged from the previous month. […]
As if the volatility in commodity markets this week was not enough, gold, silver, and copper experienced free falls on Friday as investors rushed to book profits after prices had hit record highs earlier this week. Gold prices slumped more than 5%, and fell below $5,000 briefly, while silver’s decline was more brutal as the […]